This not to be taken as financial advice as I attempt to lay out what I personally see as the "best possible" scenario for an Algorand bull in 2021. I have it topping out late in the year around $5 before a descent back to the 2s. Now, there are so many bullish catalysts for Algorand right now but there is also the possibility for extremely bearish catalysts (regulation, crash, actual bear market confirmation, etc). Good luck to all.
q1 or 2 of next year. Right after btc finishes the mid cycle shake out, and it comes back and finishes it's parabolic phase of the bull run. then alt season part 2 can start.
etw01
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So basically its going to go up and down. I expect .87 again.
TitoLibido
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@etw01, IMHO, dip from here only makes it as low as ~.94 -- close enough I suppose. My eyes are on what BTC 1D RSI does around 40. Would love another add lower but it's undeniable that the momentum of investment/catalysts for Algorand are on the rise. We'll see. Thanks.